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Owner Contacts

$379,733

NAL Estimated Property Value

5614 Balbo St, Houston, TX, 77091

Off Market

3 Beds

4 Bath

1,938 Sq Ft

$185.75 / sqft

Built in 2023

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 3

Bathrooms Full 3

Bathrooms Half 1

Garage Available

Heating Central

Cooling

AppliancesENERGY STAR Qualified Appliances, Disposal, Oven, Microwave, Free-Standing Range, Gas Range, Dishwasher

FlooringCarpet, Tile, Vinyl

Exterior

Lot Size2,374 sqft

Building Information

Year Built2022

Garage Spaces2

Land Information

APN1272820020005

Lot Number5

Land UseResidential

Legal DescriptionLT 5 BLK 1 MELANIE HEIGHTS PAR R/P

Census Tract531900

Assessed Land Value$66,908

Assessed Improvement Value$312,825

Assessment Year2025

About this property

NEW CONSTRUCTION! Welcome to Melanie Heights offering Private Driveways, Spacious Backyards & NO HOA! Community consists of 11 beautifully designed modern 2 story 3 bed 3.5 bath homes. First floor Living with Open Concept Kitchen w/island Breakfast Bar comfortably flows into Dining area, Light & Bright spacious Living room. Large Primary Bedroom comes with 2 walk-in closets (HIS/HERS), Soaking tub, Separate Shower & Double Sinks. Nice-sized Secondary bedrooms each with private full bath! Smart Home (WiFi Thermostat & Garage Door opener,) LED Lighting, Soft close Drawers/Cabinets, SS Appliances, Quartz Countertops, Wood-Like Planks on Flooring, Under Cabinet lights and much more! One of Houston's FASTEST new growing neighborhoods. Conveniently located near Garden Oaks/Oak Forest, Heights & Downtown Houston. LOW Tax Rate! NOT in a FLOOD ZONE!

Investor Tools

$379,733

Estimated Property Value

$0Estimated Mortgage Balance

$379,733Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,278 /month

Positive

Cash Flow Estimate:

$759 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$786/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$7,532

$379,733

2025

$66,908

$312,825

$379,733

Tax History

Year

Tax Paid

Assessed Value

2024

$7,532

$379,733

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

N/A

$379,733

100%

$0/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,722/mo

N/A

+$1,722/mo

5.4%

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